Lumen Technologies, Inc. (LUMN)
NYSE: LUMN · Real-Time Price · USD
7.55
-0.19 (-2.45%)
At close: Nov 20, 2024, 4:00 PM
7.48
-0.07 (-0.93%)
Pre-market: Nov 21, 2024, 5:46 AM EST
Lumen Technologies Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Lumen Technologies stock have an average target of 3.84, with a low estimate of 1.75 and a high estimate of 6.00. The average target predicts a decrease of -49.14% from the current stock price of 7.55.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for LUMN stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 4 | 7 | 7 | 7 | 6 |
| Sell | 2 | 1 | 3 | 3 | 2 | 2 |
| Strong Sell | 0 | 1 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 10 | 10 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | -20.53% | Nov 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $4.5 → $5 | Hold | Maintains | $4.5 → $5 | -33.77% | Nov 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $4 → $4.5 | Hold | Maintains | $4 → $4.5 | -40.40% | Oct 4, 2024 |
| Wells Fargo | Wells Fargo | Hold → Sell Downgrades $1.75 → $4 | Hold → Sell | Downgrades | $1.75 → $4 | -47.02% | Aug 16, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $1 → $2 | Sell | Maintains | $1 → $2 | -73.51% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
13.23B
from 14.56B
Decreased by -9.12%
Revenue Next Year
12.59B
from 13.23B
Decreased by -4.88%
EPS This Year
-0.33
from -10.48
EPS Next Year
-0.64
from -0.33
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.7B | 13.3B | 13.2B | ||
| Avg | 13.2B | 12.6B | 12.4B | ||
| Low | 12.6B | 11.6B | 11.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -6.0% | 0.8% | 4.9% | ||
| Avg | -9.1% | -4.9% | -1.9% | ||
| Low | -13.4% | -12.4% | -8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.18 | -0.28 | -0.12 | ||
| Avg | -0.33 | -0.64 | -0.27 | ||
| Low | -0.37 | -1.21 | -0.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.